Orvana Minerals (TSE:ORV) Trading Down 15.1% – Time to Sell?

Shares of Orvana Minerals Corp. (TSE:ORV) were down 15.1% during mid-day trading on Tuesday . The company traded as low as C$1.89 and last traded at C$1.91. Approximately 165,772 shares were traded during trading, a decline of 34% from the average daily volume of 250,239 shares. The stock had previously closed at C$2.25.

Orvana Minerals Stock Up 2.1%

The company has a market cap of C$260.95 million, a P/E ratio of -191.00 and a beta of 0.85. The stock’s 50-day moving average price is C$1.83 and its 200-day moving average price is C$1.89. The company has a current ratio of 0.66, a quick ratio of 0.25 and a debt-to-equity ratio of 166.90.

Orvana Minerals (TSE:ORV) last announced its quarterly earnings results on Thursday, February 12th. The company reported C($0.07) earnings per share for the quarter. Orvana Minerals had a negative net margin of 1.58% and a negative return on equity of 4.33%. The business had revenue of C$43.97 million during the quarter.

About Orvana Minerals

Orvana Minerals Corp is a Canadian mining and exploration company that is involved in the evaluation, development, and mining of precious and base metal deposits. It operates in three segments: Orovalle, which is the key revenue generator; EMIPA, and Corporate. It owns and operates the underground gold, copper, and silver El Valle Mine and Carles Mine in the Rio Narcea Gold Belt in northern Spain. It also owns an interest in The Don Mario District. The company primarily operates in the gold and copper mining industry and its products are gold dore and gold & copper concentrates.